355 Parkview Ter APT L-12VallejoCA94589
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.08% yield at 355 Parkview Ter APT L-12, Vallejo, CA, 94589 in Vallejo is solid, but the $1,268/mo payment compresses net cash flow to $122/mo at $282,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $77,911 by year five, and $2,597/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.87) without U.S. income documentation. Total projected return: $117,009.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $122 | $1,500 |
City averages based on Vallejo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,369 |
| Total Monthly Debt Service | $2,134 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
928 sqft lot
$N/A/sqft
$502 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1973
928 sqft lot
$N/A/sqft
$502 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ervin L Hechavarria • Homestead Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #324090777
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.